RBI Allows Minors Aged 10 and Above to Operate Bank Accounts Independently – Key Guidelines Explained New RBI Rule – The Reserve Bank of India (RBI) has released a new notification regarding the opening and operation of deposit accounts by minors. This marks a...
Google’s Monopoly on Android TVs Ends in India: What It Means for Consumers and TV Makers New Delhi:In a landmark decision that could reshape the smart TV industry in India, Google will no longer have exclusive control over the operating system and app store on...
Can a ₹3 Lakh One-Time Investment Outgrow ₹30 Lakh? The Power of Starting Early In personal finance, one principle stands taller than most: start early. It’s not about how much you invest, but when you start. This is the power of compounding—an underrated force that...
Finance Minister Nirmala Sitharaman announced raising the loan limit to ₹20 lakh during the Union Budget 2024-25 on July 23, 2024. This new limit became effective from October 24, 2024. Pradhan Mantri MUDRA Yojana (PMMY): The Narendra Modi government at the Center has...
Avoid Penalties: How to Pay Your Taxes Online with the Income Tax Department’s E-Pay Tax Feature Missing a tax deadline can lead to more than just financial penalties. It can trigger legal notices, compliance complications, and unnecessary stress. To help taxpayers...
Why Banks Want Immediate Power to Freeze Suspicious Accounts in India In response to the growing threat of cyber crimes and illegal transactions, banks in India have urged the Reserve Bank of India (RBI) and the government to grant them the authority to immediately...
